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>> a very good afternoon. 1:00 eastern. >> i am crazy burns. senators returning to washington from last attempt but the house is still out and no new negotiations are scheduled. >> consumer confidence is plunging taking the market down with it. which ended 16 points. trending back and forth. as jobless claims to drop to the lowest level. >> today we look at the un study future of the middle east. what risk lies ahead let's get to speed with the markets are we going over the cliff? consumer confidence is dismal let's go to nicole petallides at new york stock exchange. >> the market under pressure hovering around 13,000 where we're sitting right now. othello's of the day. we have recouped some of the losses but we're still down over 100 points. every single component is a red. johnson & johnson. pfizer. aluminum. and materials. jpmorgan that hit a 52 week high it is now a loser. with the vix index look at the levels the volatility index it is a showing and the indication there is nervousness with washington. what will lawmakers do with a decision? this is the highest point* of a one-
. danielle nottingham, cbs news, washington. >>> my own mom at christmas dinner told me do not raise my taxes. >> after a few words of advice at home the bay area's newly elected congressman is about to get a crash course in washington politics. how the young lawmaker thinks he can help what many consider a broken system. ======b r e a k >> on tap for the next 24 hours more rain and i guess some big waves, too right, liz? >> we have a high surf advisory in effect for tomorrow. in the meantime we've got cold temperatures, overcast skies, a live look over the pleasanton area. we have wet weather heading our way. we'll show you coming up. ,,,,,,,,,,,,,,,, the fiscal cliff. the dow is _ _ this marks the longt losing >>> stocks once again heading lower for a fifth day on those concerns about the fiscal cliff. the dow is down 106 plus points marking the longest losing streak in three months. >>> former bay area city councilman is about to learn firsthand how washington works or doesn't work. he is newly elected congressman heading on to the capitol hill quagmire. cbs5 reporter juliette goodrich ta
out of washington. we have boehner coming out with plan b. we are getting harry reid response saying that speaker banners -- boehner approach is very far away. the markets have managed to move back higher. there is a look at the nasdaq. the dow is a winner of about .5%. connell: let's follow up on this breaking news on the speaker of the house john boehner. dagen: richardson is live in washington, d.c. with what the heck. rich: the house will vote as early as this week to extend tax rates for those making less than a million dollars a year. house speaker john boehner says he is still negotiating plan a with president obama. the reason for the backup plan, speaker boehner says, after optimism, the white house is latest offer has soured the mood within republicans. >> it was essentially a $1.3 trillion in new revenues for only $853 billion in net spending reductions that is not balanced in my opinion. rich: there are substantial differences. the speaker is willing to allow a rate hike on those earning less than, excuse me, more than 1 million. speaker boehner wants a $1 trillion in spe
with an exclusive look at their latest cfo survey. how are cfos planning what washington can decide? liz: state across the country must decide today who will be setting of the mandatory health insurance exchange required by the health care act. the decision could have a big impact on your coverage and the prices you will pay and maybe insurance stocks. we will break down the numbers for you straight ahead. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. th's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily.. or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung fu
here in washington and around the country, do you -- does the white house feel any obligation to tell fellow democrats to debate this issue but debate it in a peaceful and -- >> the president believes in, you know, debate that's civil. i haven't seen those comments and i'm not sure that they mean what some would interrupt them to be -- interpret them to be, i just haven't seen them. the president has always opposed so-called right to work laws. as he said, those laws are generally political and not economic. they're more about the right to earn less pay than they are, you know, helpful to our economy. . he presented his views on that issue. ? when we were asking about the chicago teacher's strike before the election, you said it was a local issue and the president has, quote, not expressed any opinion or made any assessment about this particular incidence -- incident going on in his hometown. why is this different? it's playing out in michigan, we saw in it wisconsin several months ago. i understand he was in the state of michigan but he's from chicago. why -- >> the president's posit
in the country. his work is not done yet. people worried about washington keeping their spending type. time for stocks now. nicole petallides is at the new york stock exchange. nicole: the dow is down about ten points. the s&p pulling back one quarter of 1%. a lot of the retailers loved like the biggest losers. 500 stocks are comprised and represent oriole to autos to airlines. the sector that was really lagging where the retailers. oil has been moving to the upside. there is a lot going on with that. and oil spike of two dollars. now, let's take a look at technology. we do see some of the tech stocks doing pretty well. hewlett-packard and intel have been among the real losers for the year 2012 on the dow. today, you continue to see this trend which is a little better. back to you. dagen: thank you. the senate returning to washington tomorrow. the president, as well. five days left to revert the fiscal cliff. now that plan b is that, will there be a plan c or f for failing? peter: president obama expecting to arrive in d.c. tomorrow. white house says they will let us know if there is any up
. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do
and violence. in washington, the woman who will not be secretary of state. >> i withdrew my name because i think it's the right thing for the country, and i think it's the right thing for the president. gwen: how politics derailed u.n. ambassador susan rice, even as at least one critical foreign policy matter heats up, syria. >> i think the regime in damascus is approaching collapse. gwen: on the domestic front, the slow march towards the fiscal cliff continues. >> i'm pretty confident that republicans would not hold middle class taxes hostage. >> it's clear the president is just not serious about cutting spending. >> covering the week, reid wilson of "the hotline," david sanger of "the new york times," martha raddatz of abc news, and john dickerson of "slate" magazine and cbs news. >> award-winning reporting and analysis, covering history as it happens. live from our nation's capital, this is "washington week" with gwen ifill, produced in association with "national journal." corporate funding for "washington week" is provided by -- >> we know why we're here. to chart a greener path in the
, what happens next? "the washington times" says the collapse of plan b is a disaster for john boehner. an embarrassing setback for the republicans. "the wall street journal" says there are questions for john boehner to lead his party in further negotiations. 10 days before the looming fiscal cliff. this morning we will be taking your calls and comments. we will sort through what happens next. the phone lines are open. send us an e-mail, a facebook comment, or a tweet. let's look at the headlines from "the new york times." a similar headline this morning from "the washington post." maynard dropped the effort to avert the fiscal cliff. -- the john boehner drops the effort to avert the fiscal cliff. this from "the washington -- the wall street journal." the deadline looms with the fiscal cliff, that story available on line. joining us live, meredith who has been following this since it started. what happened to the caucus last night? caller: there is the surface answer, what happened when they were leaving the room. i think the most telling detail and what you have seen and the most outl
hours to go. the music says it best perhaps. washington has been an absolute circus. now in the center ring in 30 minutes, president obama is set to deliver his remarks, we will have them of course live for you here now on "power lunch." let's look at the countdown clock. if we don't get a deal before time slip slides away, spending cuts and tax hikes are indeed the order of the day on this new year. happy new year, america. i'm sue herrera. we will start with john har wood at the white house in a few minutes. but amman starts us out. >> it seems they are really hashing out details of what to do about the sequester, those are the massive spending cuts. how long you delay those down and otherwise pay for them seems to be the crux of the negotiation going on behind closed doors right now but it is very difficult to find out exactly where these negotiations stand because all sides are being very, very mum. we can tell you that democrats appear to be getting a little bit concerned about where this is headed. take a listen to senator tom harkin who took to the senate floor earlier today. >>
closing bell." the market down today. washington is not even close to reaching a deal to avoid the fiscal cliff. we had a triple digit decline today. here is how we're finishing the day on wall street. at the lows, dow was down 189 points. by the close, we came a fair amount of the way back from that sharp decline in the morning hours. volume very heavy today. that's how he saw a lot of shifting in the volume for the day. 1.2 billion shares here. nasdaq gave up that 29 points at the close and the s&p 500 down 13.25 points. five trading days left until the fiscal cliff deadline. seven days until congress is back in washington. raymond james says he's expecting the santa claus rally. jeff is with me now also dean from barclay's, peter anderson and our own rick santelli. jeff, how can this market rally when there's still so much uncertainty out there? >> i am surprised the market held up as well as it did today, maria. it had every reason to be down four or 500 points. historically, the week after christmas it's up about 70% of the time with a little over a percent gain. and i think you're g
what washington needs to crack the whole fiscal cliff thing wide-open. all i'm saying is i think it has the power to bring people together simpson style. that's it for us. thanks for watching. "early start" begins now. >>> new this morning, tanks and personnel carriers stationed outside the presidential palace in egypt, clashes turning deadly overnight. rage at the new leader fears he may become the old leader. we're live from outside the palace in 30 seconds. >>> plus new reports that syria is putting chemical components in bombs. the details, straight ahead. >>> as of this morning for the first time in the history of our country, it is now legal to smoke pot for recreational purposes in a state and we are there for the pot party. good morning, welcome to "early start." i'm christine romans in for john berman this thursday morning. >> i bet you never thought you'd say that, live at a pot party. >>> good morning to you, i'm zoraida sambolin, 5:00 a.m. in the east here. >>> tension has quickly turned to deadly violence in egypt. this morning, tanks and armored personnel carriers are guar
house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. they're in a tough spot here. they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zo
, washington, d.c. good for you. uh, churches, $1,600. here's sarah. sites corresponding to the tenth through final stations of the cross are within the church of the holy this-- another word for a tomb. it's been called christianity's most hallowed ground. what is sepulchre? churches, $2,000. what is the hagia sophia? let's go times past for $1,200, please. what are chariots? uh, times past, uh, $1,600. and you still have the lead. all right, um, i'll risk $2,000. $2,000 it is. here is the clue... uh, what is paris? no. the congress of vienna, the congress of vienna, after the defeat of napoléon. you are just off the lead now. you trail boomie by $400. go again. uh, times past, $2,000. what is wessex? you're in the lead again. uh, times past, $800. and that province would be que beth. uh, times past, $400. bec. beth. who is mao? fabrics for $800, please. what is burlap? fabrics ,200. what is crepe? fabrics for $2,000. what are the hebrides? fabric, $1,600. whatyon? you picked the right one, and now the last clue... what is the bark? and that puts you into a tie with beth for the lead. silas
leaders in washington. good morning. not an easy night for speaker john boehner. >> yes, he is coming off as having a very difficult day. he was hoping that his fellow republicans would rally around his across-the-board tax hikes that come with a fiscal cliff great he was asking fiscal conservatives to swallow some tax hikes. only on those that make more than a million dollars per year for some, that was a bridge too far. >> he is my speaker and i support him strongly. he is in a very difficult position. but i just happen to disagree with this in the correct message. raising taxes on any american, to me is not the right message at all. it is cutting spending. >> the speaker points out that the house has passed a measure that will stop all the tax hikes next year. as he said, it is all in the hands of the senate. bill: will we hear from the president? swivels democratic governments do in response? >> and i think the short answer is probably not much. at least not in the immediate offering here. the senate is in session today, but there's nothing more until later next week. as for the presi
for the president's second term with david ignatius of the "washington post" and journalist and author james mann. >> woodruff: then, we turn back to the tragedy in newtown, connecticut, as more victims are laid to rest one week after the shootings. >> brown: speaking out for the first time since the massacre, the nra's wayne lapierre rejects calls for new limits on guns. >> i asked congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. >> woodruff: and ray suarez talks to mark glaze, director of the pro-gun control advocacy group mayors against illegal guns. >> brown: plus, we hear from high school students from across the country, and gwen ifill talks with secretary of education arne duncan. >> schools have been forever the safe haven, often safest places in the community. and we need to continue to do everything in our power to make sure that they are. >> woodruff: kwame holman updates washington's spending and tax stalemate after house republicans decide not to follow the leader. >> brown: and mark shields and
are always relatively optimistic about the economy, but even after last night and what we in washington? >> sure. you know, yes, the fiscal cliff is coming. we have known him for a long time. the dow is still over 13,000. it is not just because the market thinks we have the great deal ever. tax rates will go up. we will have deficits, as far as the eye can see. by the way, we had pretty darn good news on personal income and spending and durable goods today. the economy is hanging in there, as well. connell: i thought it would be interesting to watch the close, because to me, maybe a deal is more likely after last night because the speaker, if anything, lost his leverage. how do you view that part of it? >> in the end, there is really an infinite number of outcomes. we believeethere is really just about 25% chance that we just go over the cliff unimpeded. the sequestration happens and all of the tax hikes. some kind of deal will probably get done. if the house were to pass that bill, it could go into law. it would keep dividend and tax rates from going higher. they just cannot reach a de
. >> good morning. >> and in washington, msnbc and "time" magazine senior political analyst, mark halperin. >> listen to the song. ♪ waiting for the end of the world ♪ >> good call, kid. elvis costello. "end of the world." >> "end of the world." it's here. no. no, no. >> what's this "new york post" stuff? what's going on? >> i don't know. olympic gold medalist turned prostitute. >> are you serious? >> the thing about the "post," they are always on the pulse. >> exclusive piece or is it in "the times," too? >> here's -- i'm glad it's going on in new york. they're getting ready for the holiday season. >> they've got their eye on the ball. >> i don't know what's going on there. >> let's just throw those away. john boehner had a bad night last night. >> yeah. a picture on the front page of "the new york times" seemed to say it all. >> yeah, my goodness. >> look at his face. >> he said a prayer last night. he undertook a gambit. he decided that he was going to walk away from negotiations and try to get republicans to support a tax increase on people making $1 million or more. without any sp
did happen, back in 2008. and our cbs station in washington, d.c. said it's no secret the secret service is now being investigated by the inspector general. >> any time when you have a compromise of information that could somehow put into play an agent and officer's vulnerabilities, then you have a threat potentially to national security. >> reporter: seen in reports, those missing files haven't been recovered, the lost information was reportedly on two computer tapes, headed to a secure storage in maryland. they apparently left the tapes on the train when it came to the end of the mow tro line. >> why wasn't it chained to his wrist with a handcuff in a case the second he stood up, said, i think i need to grab it. >> reporter: the secret service issued this statement, verifying the incident did need to happen, saying these backup tapes were not marked or identified in any way and were protected by multiple layers of security. >> the secret service tells our cbs service in washington that they notified metro transit police, and they assisted in h
: kwame holman updates washington's spending and tax stalemate after house republicans decide not to follow the leader. >> brown: and mark shields and michael gerson analyze the week's news. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> bnsf railway. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and friends of the newshour. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the remaking of the obama administration's foreign policy team began today as the president nominated massachusetts senator john kerry to replace hilary clinton as secretary of state. the former presidential candidate who lost to george w. bush in 2004 got the nod after u.n. ambassador susan rice withdr
now. amam jabbers is in washington. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely, extremely angry in ways that you really hear on the senate floor with the speaker of the house. take a listen. >> it's beings operated with a dictatorship of the speaker not allowing the vast majority of the house of representatives to get what they want. if the 250 would be brought up, it would pass. >> so harry reid there calling house speaker john boehner a dictator for not bringing a bill to the floor that would extend the bush tax cuts for all those who make less than $250,000 a year. now that bill if it was brought to the house floor would have to pass with demo
finding security in benghazi was grossly inadequate to cope with the attack, that washington ignored repeated requests to beef up personnel, and ultimately a lack of transparency, responsiveness and leadership senior levels both this washington and in libya. alise, what do you make of this report. a lot of these findings we've been talking about for a very long time. >> that's right, but also in the last few months, there's been so much politicization of this attack, especially with these talking points and the whole issue of susan rice, ambassador susan rice and what she said about whether there was a protest. this report didn't find that there was a protest, but it also kind of really is the first look at what went wrong, a kind of very sobering look i'd say of what went wrong. and they said that basically the state department and the embassy in libya kind of missed the warning signs that there was an imminent attack coming. there wasn't a specific threat, but a lot of attacks on other western targets that should have been a clue that there was deteriorating security situation and
the fiscal cliff. not just yet. they have not come to a solution in washington. that is front and center. we are also seeing a flock to the area that are safe. the dollar is higher. gold is higher. we are also -- there is a look at the dow jones one week. last friday we close that 13,135. we are still actually of about 30 points for the week. that is if we were to close right here. for right now, certainly, read on the screen because there is so much concern about washington. melissa: thank you so much. many believe the speaker in the senate, but it did notie -@even make it through the house last night. i next asked is not confident it will happen within the next year. >> we will see what the president says. after what has happened this week, it is not clear what the way forward is. it is more likely than not that we will grow into january without a deal. melissa: what does that really mean for the economy? >> it is to businesses to decide when they change their holdings. there is some spending programs that will be extended. they are uncertain about the outlook. there are a variety of ways
of washington; right? low for a deal to meet the deadline. the markets show traders, well, they are not exactly optimistic. right now, stocks down 69 points, moving lower for the fifth straight session. one crisis, however, has been averted on the east coast and gulf coast. a massive looming port strike will not happen, at least for now. going live to miami ahead in a few minutes for up to the minute details on that and why it's not -ealing a blow to the u.s. economy. first, stocks, as we do every 15 minutes, going to the floor. new york stock exchange. lauren is there watching it. any indication from the investors and traders about a deal? are they telling you if they have an inside scoop? >> they do not have an inside scoop, but there's con play sen sigh, and stocks stuck in the range, down half a percent for the broader market, down for five days in a row waiting, two hours from now, to hear somebody in washington say something about fiscal cliff, and then we'll move on that news, but traders are saying if we get a deal done, we'll see the market take off. we have not seen a santa claus rall
by chicago tribune columnist clarence page. live recalls, tweets, an e-mail. "washington journal" is next. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] h., congress returns later this week to washington with eight days to go to avoid the so- called fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will begin with the sunday review section of the "the new york times" yesterday. we want to get your take on this. it does religion influence your politics? with more people saying they are unaffiliated. we want to get your take. here are some comments from facebook this morning. what are your
't want taxes to go up. but we only run the house, democrats continue to run washington. >> gregg: national correspondent steve centanni joins us live from washington. >> reporter: d.c. may be some shutting down for christmas but the clock hasn't stopped and fiscal cliff is closer than ever. no deal was reached this week to keep taxes from going up. joan boehner pulled plug on the plan "b" and he says it is now up to the president and g.o.p. is continuing to hammer away at president obama. >> this is the year size of our debt surpassed the our economy. a grim milestone if we don't come to grips to w it. the president's plan to raise tax rates ko could still be as far as eye could see. >> reporter: president obama will return after christmas and work on fiscal issues. he believes a comprehensive deal could be reached but he seems to be acknowledging for scaled back plan for cutting taxes on the middle-class. >> even though democrats and republicans are arguing about whether those rates should go up for the wealthiest individuals, all of us, every single one of us agree that tax rat
happening in washington, d.c. a lot happening i would assume at the white house. but how engaged is the presidented to in moving this thing forward? >> reporter: good afternoon, t.j. i am told there are conversations going on at the staff level. as you know, he met with congressional leaders here at the white house for about an hour on friday. now sources who are familiar with that conversation tell me that the president essentially said to lawmakers, you have two options. one, come up with a plan that can make its way through both chambers, or allow his proposal to go through a vote in both chambers. and that's what you heard the president referencing in that sound bite that you just aired, t.j. in the president's proposal it calls for extending the bush era tax cuts for those making $250,000 or less as well as extending unemployment insurance benefits. many republicans have an issue with that tax extension for the $250,000 mark because it allows rates to raise on those making more than $250,000. as you heard roy blunt just say, they think that would be bad for the economy. so t
washington commission. this is not something where folks are going to be studying the issue for six months and publishing a report that gets read and pushed aside. this a team that has a very specific task, to pull together real reforms, right now. >> shepard: the president said the second amendment does guarantee an individual's right to bear arms. he believes the vast majority of gun owners in america are responsible. >> i am also betting that the majority the vast majority of law abiding gun owners would be the first to say that we should be able to keep a few law breaking. >> shepard: specifically the president is hinting at military style assault weapons and high ammunition clips. most americans support background checks before all gun purchases involving those private dealers. he addede need to work to make access to mental healthcare as easy as access to guns. and we need a closer look at a culture that glorifies guns and violence as he put it of course we have seen mass shootings over and over again. the president ticked off a long list today. and we have heard outrage and vows for
. >> it's over. she's feeling better. in washington state at midnight when the clock struck midnight, pot became legal. depending on who you ask. but they voted and pot is legal and gay marriage is legal in washington state. gay couples lined up and at midnight, they had several ceremonies and several gay couples were married. one of them was dan savage, sex columnist, very well-known. >> bill: no kidding. >> he married his long-time partner, terry in washington. if you're in washington state, i would suggest you get high and then go get married because you're going to need it if you're planning on getting married. welcome to the club. for those of you getting married. >> bill: congratulations again to the voters of washington state for doing the right thing there and to the voters of washington state and colorado for doing the right thing when it comes to marijuana. but i would say on disappointing news to me is that the justice department yesterday announced that they want everybody to know that pot is still an ille
't forget to check out my blog on the "washington post." now it's time for lawrence o'donnell.peace. that's it for tonight. see you tomorrow. check out my work at "washington post" at wonkblog.com. "first look" is up next. >>> right now on "first look," heavy snow, thunderstorms, freezing rain and high winds serving up a nightmare for stranded holiday travelers. >>> president obama aboard air force one right now racing back to washington to try to lead us away from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that. >>> a vigil for firefighters, a tornado in action and december surfing in the great lakes. good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new york to maine with more than a foot of snow expected in some areas. this storm so far being blamed for at least six deaths. and as nbc's kurt gregory reports, t
joe" from washington. live with us here, nbc chief foreign affairs correspondent and host of "andrea mitchell reports," andrea mitchell. white house correspondent for the huffington post, sam stein, executive editor of bloomberg news, al hunt and "time" magazine senior political analyst and "way too early" talent -- he was just extraordinary -- mark halperin. mark, you were just -- you were extraordinary. >> no one told me there's no net in that job. >> there is no net. he was great. who could turn the world on with a smile? i mean, mark halperin could, al hunt. >> throwing his hat in the air. >> we need to toss his hat in the air. sam stein has no idea what we're talking about. >> zero. >> so depressed. not a "seinfeld" reference, the greatest series of all time. al hunt, al, this is -- i'm at a loss what's going on in washington. i mean, we can all assign blame. i, right now, am especially curious with what's going through my party's mind on the fiscal cliff. but what -- why the breakdown? you know, if you're a republican, you say, i'll raise taxes. you have crossed the line. you h
, not just here in washington, but in many state and local races. a reminder that that may come to bear if some of those lawmakers get on board with this new idea of gun laws. the nra might make them pay at the polls. randi? >> thank you, tom. the nra statement came one week to the day of the sandy hook elementary shooting. across the nation a moment of silence, honoring those victims. [ bell tolls ] >> james mattioli, age 6. [ bell tolls ] >> in hartford, connecticut, a touching scene, the bell ringing for each of the victims, each little angel receiving their wings. >>> you are looking now at some live pictures of the white house and capitol hill, but the people who could get a deal done on the fiscal cliff impasse, well, they're not there. lawmakers have gone home for the holiday recess. and president obama and the first family arrived in hawaii just a short time ago. the president and lawmakers are expected to return thursday after the christmas break. before leaving washington, mr. obama and house speaker john boehner both expressed hope that a deal will actually get done. >> we ca
in the washington area this morning. because at starbucks, in the washington, d.c., area at each of the starbucks locations, they write on the cups, "come together." it's sort of an impetus to maybe get these bozos in the house and the senate to come together in the fiscal cliff. we're going to be talking about the starbucks effort a little later in the show. good morning, ladies and gentlemen. >> good morning. >> good morning. it's thursday, december 27th. i'm mike barnicle in for joe, mika and willie. joining the table, we have political editor and white house correspondent for the huffington post, sam stein. >> hi. >> applause for sam. "fortune's" assistant managing editor, leigh gallagher. and the president of the council on foreign relations, author of "foreign policy begins at home: the case for putting america's house in order." and in washington, vice president and executive editor of msnbc.com and msnbc political analyst, richard wolffe. a minor round of applause for richard wolffe. >> one hand clapping. >> first of all, can anybody here come up with a synonym -- i don't care what it is
have guards armed with guns of their own. nbc justice correspondent pete williams says s in washington for more on this. can you break down the nra's solution? >> the nra says the answer to combating school violence is simple. it says banks, power plarngts congress, and the president are protected with armed security and the nation's schools should be guarded that way, too. after a week of calls for tighter gun restrictions and signs of a possible shift in public attitudes, about access to the weapons like the rifle used in connecticut, the national rifle association instead called for putting more armed security officers in the nation's schools. the. >> the onlying that stops a bad guy with a gun is a good guy with a gun. >> reporter: the nra's wayne la pierre says children in most schools are defenseless because the schools proclaim to be places without guns. >> they tell every insane killer in america that schools are the safest place to inflict maximum mayhem with minimum risk. >> reporter: he took no questions from reporters but was interrupted by protesters. >> shame on the nra!
are presenting that we can either contact or -- ? >> yes, peter bareez -- peter de vries of washington state and tom harkin in the senate. i have just come to our door tom harkin because he is like a voice of rationality in understanding the economics and burnie of the legal rules -- and making sure we have liberals for the economy. and the transaction tax is being taken very seriously in europe and probably will happen there, even though the u.k. is kicking and screaming because they specialize in being the home of trading, whether trading in stocks or derivatives or anything else. they simply do not want that to be taxed. there are people in congress. i think wall street is now the number-one contributor to political campaigns. at least, it is in the running for number-one. i have been to washington many times and i'm involved with several groups that are trying to reform the business sector so that it can work, so that it can survive. it is very difficult because of the sheer amount of money that the finance sector in particular is pouring into lobbying and campaign contributions. it is v
've had it in washington, d.c.-- >> cenk: no, we had an assault weapon ban. no, that's not across the country. you give me island of ocean of guns. >> well, it's at safe place per guns. >> cenk: didn't we have less gun violence when we-- >> we have more gun violence. chicago-- >> cenk: we have more gun violence now when it is out of control. >> washington, d.c. the places with the strictest gun control has the highest homicide rates in the country. >> cenk: you keep going back to the island of ocean of guns. you tell me that the problem in chicago is that there weren't enough guns, right for people to protect themselves. hold on, wait a minute. that's exactly what you said. >> i'm not advocating that everybody should have a gun. i'm advocating that people should have one. >> cenk: let me ask the question. but in most of these shootings or in a lot of these shootings it was gang shootings. both sides have guns. why didn't it work? isn't that your ideal dream scenario yes both sides have guns. >> no, gang members--i don't think gang members--they are criminals--you haven't taken tha
. and a mad scramble is on here in washington to avoid the drastic tax hikes and spending cuts that many fear will plunge the economy back into recession. president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come back into session. two republican sources tell me they did not make a decision on this call. it's still up in the air. and a big reason for that is if anything can get done in the next six days, the ball is in the senate's court. the capitol is a ghost town. neither chamber in session. an eerie calm since the fiscal cliff only congress has the power to avert is less than one week away. from their home, senate demo
u.s. energy information society and the center for strategic and international studies. "washington journal" is next. host: good morning. it is friday, december 7, 2012. the 71st anniversary on the attack of pearl harbor. reaction continues this morning over yesterday's resignation announcement of jim demint. the approach and fiscal clift deadline continues to loom over congress and the white house. that is where we want to begin. is it ok for leaders to compromise, or should they stick to their principles and would it be ok if doing so sent us over the fiscal cliff? give us a call this morning. you can also catch up with us on all of your favorite social media websites. a very good morning to you. i want to begin with the question of compromise or sticking to principle. this is a question a gallup organization asked in a recent poll. it found 62% of americans would like to see the federal government leaders compromise on an agreement to avoid the fiscal cliff budget measures set to go into effect next month. more than twice the 25% who want leaders to stick to their principles. a m
. >> thank you. >> you've no doubt been following the maneuvers in washington over the country's finances. well, they're heading now toward a showdown. unless someone blinks, the collision of irresistible forces with immovable objects will be felt around the world. president obama says he won't budge when it comes to ending the bush tax cuts for the wealthy. and as rumors mount that some republicans may be willing to give ground on taxes, conservatives in the party are shouting, "remember the alamo!" and demanding their leaders in congress yield not an inch. dozens of conservative activists, outraged at the prospect of compromise, have sent an open letter to republicans in the house and senate "to stand firm and not surrender your conservative principles." their hero, of course, is this man, known around town simply as grover. no, not the muppet, but chief enforcer of the notorious norquist pledge against taxes. republican candidates for office must sign or risk defeat by right-wing candidates in primaries where a turnout of die-hard partisans can decide the outcome. among republican poli
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